Ruane, Cunniff & Goldfarb’s Brown & Brown BRO Stock Holding History

Ruane, Cunniff & Goldfarb’s Portfolio BRO Stock Details BRO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-18,644	Closed	-$352K	–	95
2016 Q3	$352K	Sell	18,644 -4,800	-20%	-$88.8K	﹤0.01%	96
2016 Q2	$439K	Sell	23,444 -2,690,214	-99%	-$47.8M	﹤0.01%	98
2016 Q1	$48.6M	Sell	2,713,658 -118,142	-4%	-$1.9M	0.38%	37
2015 Q4	$45.5M	Sell	2,831,800 -2,370,066	-46%	-$37.9M	0.26%	41
2015 Q3	$80.6M	Sell	5,201,866 -13,716	-0.3%	-$225K	0.41%	35
2015 Q2	$85.7M	Sell	5,215,582 -40,346	-0.8%	-$660K	0.41%	35
2015 Q1	$87M	Sell	5,255,928 -33,640	-0.6%	-$543K	0.41%	32
2014 Q4	$87M	Sell	5,289,568 -6,848	-0.1%	-$110K	0.44%	32
2014 Q3	$85.1M	Sell	5,296,416 -58,254	-1%	-$922K	0.45%	34
2014 Q2	$82.2M	Sell	5,354,670 -22,778	-0.4%	-$342K	0.44%	35
2014 Q1	$82.7M	Sell	5,377,448 -22,788	-0.4%	-$350K	0.44%	36
2013 Q4	$84.8M	Sell	5,400,236 -187,306	-3%	-$2.97M	0.47%	34
2013 Q3	$89.7M	Sell	5,587,542 -8,950	-0.2%	-$146K	0.53%	31
2013 Q2	$90.2M	Buy	+5,596,492	New	+$88.5M	0.58%	30

Other funds holding BRO

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

FPP

Findlay Park Partners London, United Kingdom $7.17B AUM 17.27% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Ruane, Cunniff & Goldfarb's BRO Position: Q4 2016 in Review

Ruane, Cunniff & Goldfarb sold out of Brown & Brown (BRO) in Q4 2016, closing a stake of 18,644 shares — an estimated $352K sold.

Ruane, Cunniff & Goldfarb first reported a position in BRO in Q2 2013 and held it in 14 quarters. The position peaked at $90.2M in Q2 2013. 271 funds tracked by Wall St. Rank hold BRO as of Q4 2016.

Ruane, Cunniff & Goldfarb reported no remaining Brown & Brown position as of Q4 2016 after selling out during the quarter.
Ruane, Cunniff & Goldfarb sold 18,644 Brown & Brown shares in Q4 2016, an estimated $352K.
Ruane, Cunniff & Goldfarb first reported a position in Brown & Brown in Q2 2013 and held it in 14 quarters.
Ruane, Cunniff & Goldfarb's Brown & Brown position peaked at $90.2M in Q2 2013.
271 funds tracked by Wall St. Rank held Brown & Brown as of Q4 2016.

Based on Ruane, Cunniff & Goldfarb's 13F filing for Q4 2016, filed 13 Feb 2017.